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The COVID-19 pandemic is proving to be a boon for online service providers. Korea’s NHN, for one, posted a 59 percent increase in year-on-year net profit in the first quarter on the back of a stron...
Oracle Korea on May 7 announced its second cloud infrastructure will launch by the end of May out of Chuncheon, Gangwon Province. With access to two cloud infrastructures here, the company will be a...
Korean internet giant Kakao posted record high sales and operating profit for the first quarter this year, despite the novel coronavirus pandemic fallout that has affected most industries. Accordin...
South Korean telecom firms have expanded their ICT-based senior care services recently, against the backdrop of increasing demand from an aging population. The services mainly use artificial intell...
South Korea‘s top internet portal operator Naver Corp. said on April 23 its net profit jumped 54 percent in the first quarter from a year earlier largely on the back of increased online shopping tran...
NCSoft has submitted a letter of intent to purchase a 800 billion-won property in Seongnam, Gyeonggi Province, sources said on April 17. A consortium led by the online games giant was the sole bidd...
Video streaming giant Netflix has sued local internet network operator SK Broadband, according to industry sources on April 14. The Korean unit of the US-based firm has reportedly filed a civil ...
Artificial intelligence has a great chance to prove its worth in the ongoing global war against the novel coronavirus. From garnering data about the pandemic to analyzing transmission patterns, pro...
Korean game company Nexon said on April 2 it had decided to roll back its telecommuting, requiring all staff to report for duty starting next week. According to Nexon, all employees will have to com...
Nexon’s holding company NXC said on March 30 it is developing an online trading platform in the form of a game, targeting young people held back by the complexity of conventional systems. The compa...
Content creators and celebrities including football player Son Heung-min joined forces to bring positive messages amid the COVID-19 pandemic, Korea Multi-channel Network Association, said on March 26...
South Korean internet giant Kakao announced on March 25 that its co-CEOs -- Yeo Min-soo and Joh Su-yong -- will serve another two-year term. The decision was approved at its annual shareholders mee...
While the use of drones both in the public and commercial realms expands, South Korea has yet to develop a unified position on how to authorize them, particularly in the R-75 zone of restricted airsp...
PUBG Corp. said Monday that CEO Kim Chang-han, developer of its eponymous game PlayerUnknown’s Battlegrounds, will take on the dual role as head of Krafton. The appointment is viewed by the game in...
South Korea’s Fair Trade Commission is set to report Naver Chairman Lee Hae-jin to prosecutors for alleged violation of antitrust laws, officials said Sunday. The antitrust watchdog said Lee is acc...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 16, 2021
